Hatsun Agro gains on launching 4000th HAP daily outlet in Andhra Pradesh
Hatsun Agro Product is currently trading at Rs. 929.70, up by 14.60 points or 1.60% from its previous closing of Rs. 915.10 on the BSE.
The scrip opened at Rs. 923.10 and has touched a high and low of Rs. 930.50 and Rs. 915.10 respectively. So far 636 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1380.00 on 16-Jul-2024 and a 52 week low of Rs. 865.00 on 11-Mar-2025.
Last one week high and low of the scrip stood at Rs. 936.00 and Rs. 875.50 respectively. The current market cap of the company is Rs. 20623.15 crore.
The promoters holding in the company stood at 73.17%, while Institutions and Non-Institutions held 13.37% and 13.46% respectively.
Hatsun Agro has inaugurated its 4000th HAP daily Outlet in Bhimavaram, Andhra Pradesh. HAP daily exclusive stores is part of the company’s retail expansion strategy, offering 8 range of brands including Arun Ice-creams, Arokya, Hatsun, and Hanobar. These stores will retail ice creams, fresh milk, curd, buttermilk, paneer, yoghurt, juices, chocolates, butter, and more. Apart of direct consumer sale, HAP daily outlets will cater to the retail outlets in their vicinity and increasing availability of the products and expanding the brand reach.
To further enhance its market reach, the company has recently made strategic acquisitions to expand processing capacities to meet the growing demand for dairy and ice cream products, strengthen distribution networks in key markets, and increase its product portfolio with novel value added dairy offerings.
The company continues to expand its retail presence across existing and new markets, with upcoming outlets planned in Maharashtra, Kerala, Odisha, Madhya Pradesh, Bihar, Jharkhand, Chhattisgarh, Gujarat and Andaman Nicobar Islands, while further deepening its presence in Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Puducherry, and Goa.
Hatsun Agro Product, India's largest private sector dairy, sells liquid milk under the brand name Arokya, ice creams under the brand Arun Icecreams, and a wide range of dairy products under the brand Hatsun.
